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Dec 28, 2012
12/12
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WBAL
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fortunately, congress can prevent it from happening if they act now. i just had a good and constructive discussion with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we still may be able to reach agreement that can pass both houses in time. senators reid m. mcconnell are working on such an agreement as we speak. if an agreement is not reached in time between senator reed era senator mcconnell, i will urge senator reid to bring to the floor a basic package for an up or down vote, one never texting middle-class from a tax hike and extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on economic growth down the opposite reduction. i can hear you over here. i believe such a proposal could pass both houses with a bipartisan majority as long as the leaders allow this to come to a vote. if members of the house or the senate want to vote no, they can. we should let everybody vote. that's the way this is supposed to work.
fortunately, congress can prevent it from happening if they act now. i just had a good and constructive discussion with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we still may be able to reach agreement that can pass both houses in time. senators reid m. mcconnell are working on such an agreement as we speak. if an agreement is not reached in time between senator reed era senator mcconnell, i will urge senator reid to bring to the floor a...
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Dec 28, 2012
12/12
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WRC
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white house is denying reports to send a scaled back plan to congress. a deal at this point would probably extend bush era tax cuts for most americans and raise taxes on the country's top earners. it could also include an extension of long-term unemployment benefits, spending cuts would also be postponed. house speaker john boehner will be at the meeting today. the house will convene for a rare sunday evening session. house majority leader eric cantor says the house could be in session until january 2nd, the day before the new congress is sworn in. boehner, meanwhile, maintains that it's up to the senate to act first. >>> millions of americans may watch the ball drop new year's eve in times square, but a group of democrats is organizing its own ball drop on capitol hill. they'll launch their countdown today. their ball represents republicans dropping the ball on middle class families should lawmakers fail to reach a deal to avoid the fiscal cliff. >>> new this morning, iran's state television is reporting the country's navy started training drills in the
white house is denying reports to send a scaled back plan to congress. a deal at this point would probably extend bush era tax cuts for most americans and raise taxes on the country's top earners. it could also include an extension of long-term unemployment benefits, spending cuts would also be postponed. house speaker john boehner will be at the meeting today. the house will convene for a rare sunday evening session. house majority leader eric cantor says the house could be in session until...
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Dec 28, 2012
12/12
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house majority leader cantor believes they could be in session the day before the new congress is sworn in, january 2nd. today's meeting is the first face to face meeting between the president and republican leaders since december 16th. senate minority leader mcconnell has said he is eager to hear what the president has to say. that's the latest here at the white house, back to you. >> sherri, thank you very much. we've been getting responses about the negotiatings from viewers. we want to hear your voice on to topic. go to our facebook page. >>> president vladimir putin signed a bill banning americans from adopting russian children this morning. he signed the ban in retaliation for a new law passed by the u.s. congress that punishes russian officials for human rights abuses. many russians protested this week and even the russian foreign minister the law is a bad idea. >>> taking a look at our other top stories now. sad news this morning, desert storm commander norman schwartzkopf has died. the retired general died from economy indications of pneumonia. he was given the nickname, stormi
house majority leader cantor believes they could be in session the day before the new congress is sworn in, january 2nd. today's meeting is the first face to face meeting between the president and republican leaders since december 16th. senate minority leader mcconnell has said he is eager to hear what the president has to say. that's the latest here at the white house, back to you. >> sherri, thank you very much. we've been getting responses about the negotiatings from viewers. we want...
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Dec 28, 2012
12/12
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fortunately congress can prevent it from happening if they act right now. i just add good and constructive discussion here at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reed and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time, between senator reid and senator mcconnell, then i will urge senator reid to bring it to floor a basic package for an up or down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. guys, i can hear you over there. i believe such proposal could pass both houses with bipartisan majorities as long as those leaders allow to the actually come to a vote. if members of the house or the senate want to vote no, they can. but we s
fortunately congress can prevent it from happening if they act right now. i just add good and constructive discussion here at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reed and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time, between senator reid and senator mcconnell, then i...
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Dec 28, 2012
12/12
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fortunately congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can mass both houses in time. senators reith and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and definite at this time reduction. guys, i can hear you over here. as long as those leader allow it to actually come to a vote. if members of the house or the in a want to vote no, they can. but we should let everybody vote. that's the way this is supposed to work. i
fortunately congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house with senate and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can mass both houses in time. senators reith and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will...
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Dec 28, 2012
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. >> without a deal, taxpayers would pay more, the government will spend less. economists to warn it can throw us into another recession. fears of going over the fiscal cliff has caused consumer confidence to tumble. some political observers do not think congress will reach a deal in the next few days. >> i think if we get to january 2 and we see the markets going down and constituents getting angry or anxious about their financial situation, you will see congress come to a deal a lot quicker. >> house lawmakers could be in session until january 2, and that is just a day before the new conference -- congress is sworn in. >> why would lawmakers with until after the deadline to come to an agreement? >> they can't seem to hammer out anything right now but if they do reach something before the deadline, they will have to raise taxes for many taxpayers but if they do it after the deadline -- if everything expires -- they will be seen as having cut taxes and that is the distinction for many republicans. >> thank you so much. the maryland live casino at the wrong bill
. >> without a deal, taxpayers would pay more, the government will spend less. economists to warn it can throw us into another recession. fears of going over the fiscal cliff has caused consumer confidence to tumble. some political observers do not think congress will reach a deal in the next few days. >> i think if we get to january 2 and we see the markets going down and constituents getting angry or anxious about their financial situation, you will see congress come to a deal a...
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Dec 28, 2012
12/12
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MSNBCW
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fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> it comes after speaker boehner left the white house. he didn't say anything to reporters and neither did anyone else who was seen leaving the meeting. here's what we do know. in just four days, taxes will go up on millions. and millions more will have their vital unemployment benefits run out. that's why president obama organized the meeting with vice president biden, speaker boehner, nancy pelosi and senators reid and mcconnell. he urged them to extend jobless benefits. we can deal with cuts to defense and domestic programs later. but let's take care of the middle and working class right now. give them assurance right now. joining me is congressman chief ellison. he's co-chair of the progr
fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion here at the white house about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> it comes after speaker boehner left the white house. he didn't say anything to reporters and neither did anyone else...
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Dec 28, 2012
12/12
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WUSA
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can get a deal done before tax hikes and spending cuts kick in january 1st. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are. five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the onlyway a bill could come through the you woulds in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outside the beltway, don will be watching. >> everybody's kind of in a wait and see and finger crossed perspective right now. >> repo
can get a deal done before tax hikes and spending cuts kick in january 1st. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are. five days from the new year, and we might finally start talking....
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Dec 28, 2012
12/12
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fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i am optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation of more economic growth and deficit reduction. guys, i can hear you over here. i believe such proposal could pass both houses with bipartisan majorities, as long as those leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we shou
fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i am optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will...
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Dec 28, 2012
12/12
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back to you. >> thank you. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died. the retired general died from come indications of pneumonia. he was given the nickname stormin' norman and best known for leading international forces in iraq against shad's invasion of kuwait in 1991678 the 78-year-old managed to live a quiet retired life in tampa and kept pretty quiet on the u.s.'s decision to go to war with iraq again. >>> also this morning, former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says his family is confident the 41st president will leave the hospital but expects to be there for a while. he is battling bronchitis, a lingering fever amon
back to you. >> thank you. >>> what do you think about congress not reaching a deal on the fiscal cliff? do you think it is possible that i compromise will be reached before the deadline. share your comments on our facebook page. just search for fox 5 morning news. no space between fox and the number 5. we may share your comments on air. >> i'm sure you all have a lot to say. we would love to hear t. >>> a big story we are following. norman schwarzkopf has died....
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Dec 28, 2012
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WJLA
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massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes will plunged the u.s. back into recession. one possible effect of the fiscal cliff, milk prices could buy $2 or $3 a gallon because farm programs expire at the end of the year. some are calling that dairy cliff. correct the fiscal cliff is not the only potential economic hazard on the horizon. thousands of workers at the port of baltimore and 14 of reports from boston to houston are threatened to go on strike this sunday. those ports move about 40% of the nation's container cargo traffic. the economic damage would reach well beyond the docks. >> from your mom-and-pop retailers to the farmers to the trucking companies will have to go pick up the containers at the ports. this will be felt not just at the ports locally, but nationwide everybody is on the ports to move their comrades. >> a major sticking point is the future royalties that the companies pay the longshoremen who moved the c
massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes will plunged the u.s. back into recession. one possible effect of the fiscal cliff, milk prices could buy $2 or $3 a gallon because farm programs expire at the end of the year. some are calling that dairy cliff. correct the fiscal cliff is not the only potential economic hazard on the horizon. thousands of workers at the port of baltimore and 14 of...
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Dec 28, 2012
12/12
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WBFF
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automatic tax increases and steep spending rescue me nattct. nats the singer behind the hit "rescue me".. has died. &pfontella bass ied wednesday of a heart attack.bass was honored with a star on the wall f fame in her hometown of saint louis in 2000.she was 72 years old. britney pears is getting the poot from the "x faator."ann inssier tells "us magazine".... the singer didn't show enough energy... and wasn't wooth her 15-million- dollar contract.that same source says that judge simon cowell felt he got he "boring""britney... and wanted the "crazy""britney.no ord yet rom spears' people. stiil to come.. ravees playoff ickets go on sale in just a atter of ours. the only place you can go.. to buy them. them.aad next... ring in the new year... at the inner harbor.whht you need to know before you head out to celebbate. yyu're watching fox 45 morning news.. ((break 3)).all morning. ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. ring in theenew year with the &pentire family!po
automatic tax increases and steep spending rescue me nattct. nats the singer behind the hit "rescue me".. has died. &pfontella bass ied wednesday of a heart attack.bass was honored with a star on the wall f fame in her hometown of saint louis in 2000.she was 72 years old. britney pears is getting the poot from the "x faator."ann inssier tells "us magazine".... the singer didn't show enough energy... and wasn't wooth her 15-million- dollar contract.that same...
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Dec 28, 2012
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so you don't want to give congress three years worth of spending authority on hurricane sandy. why don't we do it one year at a time and make sure that there's correct oversight on this and make sure the money's not being wasted. make sure the money's not being abused. i'll give you a couple of examples of what's in the current bill. we have money for alaskan fisheries in the hurricane sandy bill. they tried earlier today to stuff money in here for a country by the name of palau in the western part of the pacific. i thought this was about emergency relief for hurricane sandy that hit the northeast coast. what does that have to do with sending money to the far reaches of the earth, including sending money to work on alaskan fisheries? if you want to give money to alaskan fisheries, have a bill on the floor about alaskan fisheries, but don't pretend we're going to stuff it in some emergency bill for the northeast. so what i've asked is let's just spend what you're going to spend next year. c.b.o. says there's going to be $9 billion spent next year. that's what i allocate. and i t
so you don't want to give congress three years worth of spending authority on hurricane sandy. why don't we do it one year at a time and make sure that there's correct oversight on this and make sure the money's not being wasted. make sure the money's not being abused. i'll give you a couple of examples of what's in the current bill. we have money for alaskan fisheries in the hurricane sandy bill. they tried earlier today to stuff money in here for a country by the name of palau in the western...
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Dec 28, 2012
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they were not angry with congress per say, but they wanted to see us spend whatever money we could spend, without assuming every answer lies in washington. one of the best things that has ever happened to us in our work, that somehow that will of lysing -- gold all lightning with all the answers missed my house, is because i got elected to congress. >> talking about the appropriations process in particular, here we are with the fiscal cliff and we are in the lame-duck session, but the debt to gdp ratio for the united states has continued to arrive. -- continue to rise. there are many people who have pointed fingers. what is your response? >> there is no question the pattern in washington is to spend every dime we can collect. almost regardless. there is a view that says if a program is funded, it ought to continue to be. the appropriations committee has the responsibility of oversight to make sure we are using the dollars well. we went about reducing the appropriations. this has been over a decade ago. for every category of the president's budget within my subcommittee. we were successfu
they were not angry with congress per say, but they wanted to see us spend whatever money we could spend, without assuming every answer lies in washington. one of the best things that has ever happened to us in our work, that somehow that will of lysing -- gold all lightning with all the answers missed my house, is because i got elected to congress. >> talking about the appropriations process in particular, here we are with the fiscal cliff and we are in the lame-duck session, but the...
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Dec 28, 2012
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cuts depend how long they are in place into the new year before congress finally fixes this fiscal cliff problem. gregg: molly henneberg. these cuts were never expected to be enacted, were they? >> reporter: right, during the budget battle of 2011, remember that super committee they were trying to find sending cuts during that time. these spending cuts were put in as an unthinkable trigger to force lawmakers to find a which too cut spending. >> they make it particularly unplatte hratable, they wanted it to come out of the budget. they thought it was too harsh, the secretary of defense said it would hollow out the military. we face the possibility now that it will hop. >> reporter: the only way to aeu sroeutd cutto avoid these cuts implemented is for the congress to act before the new year. gregg: i want to know whose idea it was. it came from the white house according to bob woodward "the pricef politics" the proposal was presented on behalf of the president. it's interesting that now he is struggling to try to deal with his own proposal. >> reporter: and time is running short. patti ann
cuts depend how long they are in place into the new year before congress finally fixes this fiscal cliff problem. gregg: molly henneberg. these cuts were never expected to be enacted, were they? >> reporter: right, during the budget battle of 2011, remember that super committee they were trying to find sending cuts during that time. these spending cuts were put in as an unthinkable trigger to force lawmakers to find a which too cut spending. >> they make it particularly unplatte...
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Dec 28, 2012
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there were reports the president was going to present his own plan to come to congress to do. he is not going to do that. he has offered the principle. he is going to make sure the taxes don't go up for 98% of americans. and that some of the spending cuts don't happen. >> there's a framework of a framework of a framework. >> very well. >> you're hosting "this week" on sunday. i assume you'll have things to discuss. chuck schumer, jon kyl, joran g i joining jon karl. >>> some somber news this morning. we begin with the death of a true mill they're hero. a man president obama has called an american original. he was a four-star general. but most americans simply knew him as stormin' norman. in 1990, norman schwarzkopf was a little-known army general looking towards retirement. a west point graduate and decorated officer for his service in vietnam, he spent his entire life in the army. but when saddam hussein invaded kuwait in 1990, stormin' norman became a household name. as the leader of the u.s.-led international coalition that quickly drove iraqi forces out of kuwait, schwarzk
there were reports the president was going to present his own plan to come to congress to do. he is not going to do that. he has offered the principle. he is going to make sure the taxes don't go up for 98% of americans. and that some of the spending cuts don't happen. >> there's a framework of a framework of a framework. >> very well. >> you're hosting "this week" on sunday. i assume you'll have things to discuss. chuck schumer, jon kyl, joran g i joining jon karl....
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Dec 28, 2012
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it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt problem and i understand as far as the republican position is concerned, so that does have credibility, and we have to come to the table on both of those issues, but i think more than anything else, what is deeply troubling is that you can't get congress and the president to reach any accord on anything. we can't even do routine business, let alone the matters that could affect the future of this country. >> olympia snowe you and what you represent will be missed in the senate. senator olympia snowe republican from maine who will not be in the next congress. >>> up ahead they're known as the central park five, the group convicted, sent to prison and years later exonerated for the brutal assault on the central park jogger. the story is the subject of a rifting new documentary, the director and one of the central park five join us next. to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long
it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt problem and i understand as far as the republican position is concerned, so that does have credibility, and we have to come to the table on both of those issues, but i think more than anything else, what is deeply troubling is that you can't get congress and the president to reach any accord on anything. we can't even do routine business, let alone...
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Dec 28, 2012
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and because we all know that fema and these other agency work, you have to spend the money first and then they reimburse you, if they are real estate not sure there's going to be the money at the end of the road no more after march 31, maybe congress will or won't, you are a going to get a lot of homeowners, small business and governments not going ahead with the desperate repair that we in new york need and the whole national economy since we're a about 10% of the national economy. so it's strongly urged that the amendment, good-intentioned though it is, be defeated. mr. coats: could i ask unanimous consent for 15 seconds to respond 0 to my colleague? stir officer is there objection? without objection. mr. coats: let me just say that we simply allowing three months for the congress of the united states, representative of the taxpayers' dollars, to assess, document, and justify additional expenditures that go beyond emergency needs. that's what this is all about. mr. cochran: mr. president, i ask unanimous consent that my remarks be printed at this point in the record. the presiding
and because we all know that fema and these other agency work, you have to spend the money first and then they reimburse you, if they are real estate not sure there's going to be the money at the end of the road no more after march 31, maybe congress will or won't, you are a going to get a lot of homeowners, small business and governments not going ahead with the desperate repair that we in new york need and the whole national economy since we're a about 10% of the national economy. so it's...